“Now you have an extreme conservative government in the United States, that smells like a dictatorship,” the former Mexican president said. “This government goes against the founding fathers.”
Google has released designs for a new 11-story, 1 million-square-foot headquarters in London near King’s Cross railway station, complete with a sprawling, landscaped rooftop garden. It features a mashup of styles, including Roman columns, and a “Star Wars meets Frank Lloyd Wright on the Love Boat” style that is simply an abomination.
This may just be the ugliest building ever designed.
With today’s announcement, the administration has effectively declared open season on workers, to benefit large employers and allow them to more freely act as direct employers but avoid responsibility for the implications of their decisions.
Once again, the lower and middle class are bashed by the president that promised to protect them.
Wow! When you have Shell Oil telling you that climate change is real, you’re either having a bad dream, an acid flashback, or the world has gone mad. But that’s exactly what happened recently when twenty-five U.S. companies signed a letter that appeared in full-page ads in the Washington, D.C. editions of the New York Times and the Wall Street Journal, exhorting the president not to exit the Paris Agreement.
Victoria’s Secret’s parent company, L Brands, Inc. (NYSE:LB) is not performing up to investors’ expectations. Incursions into new markets have taken a huge toll on revenues, and profits realized in any one segment are offset by dwindling sales in other segments.
Can the angels find their way?
At present, 2.5 million miles of existing natural gas pipelines exist in the United States, according to the National Transportation Safety Board.
But are they safe?
Cannabis growers list their products on the site, and can either offer them for auction, or set a specific purchase price.
Buyers, such as dispensaries and manufacturers of edible products or concentrates, scroll through all the products for sale, and complete a purchase with a click of a button.
It’s fast, it’s easy, and it’s legal.
Who would have thought that the world’s most delicious, mouth-watering, savory, scrumptious cupcakes would be sold in vending machines?
Anheuser-Busch InBev, the biggest beer company in the world, will no longer supply South African-grown hops to brands the company doesn’t own. Unsurprisingly, the decision is brewing controversy among those in the craft beer community.
Sears’ lenders are giving the embattled retailer more time to pay off its debt.
Kush Bottles Inc (OTCMKTS:KSHB) is one the most interesting cannabis companies in the public markets. It picked up strength on the back of the recreational legalization ballots towards the end of 2016. The company gained more than 253% between August and November. Kush just made an announcement that could help it push it further up.
Sinclair already has 173 local news stations. The combined operations of the two companies will create the largest-single group of local TV stations. The acquisition is subject to regulatory approval, but the Trump administration’s FCC has signaled its openness to media consolidation.
This is another victory for conservatives in the battle for the hearts and minds of average Americans – especially those vulnerable to the type of “bumper-sticker” philosophies promoted by President Trump and the GOP.
Over the past 150 years, food companies and marketers in other parts of the world have taken eating in a more visually thrilling direction. They have used dyes to alter mass-produced foods—sometimes to make them less “natural” looking (cakes with bright-blue icing), sometimes to make them more “natural” looking (pickles made greener to fit with consumers’ expectations).
Both intentions are, upon further inspection, sort of strange.
There was once a time when mid-level bands with a modest following could make a pretty decent living playing music. They’d put out a record, sell a couple hundred thousand copies and then go on tour to promote it – which would drive additional sales, even as the tour itself was lucky to break even.
For the largest acts, this formula was a bona fide moneymaking bonanza, lining the pockets of all involved, including the musicians, managers, promoters and record labels. For everyone else, it didn’t produce vast riches but nonetheless supported careers and promoted the creation of new music.
Times, however, have changed.
There’s a reason Treasury Secretary Steven Mnuchin keeps insisting that his boss’s tax-cut plan will fully pay for itself through faster economic growth. Politics make it hard for him to say anything else. But math is not on their side. The fact is, the tax plan just doesn’t add up.
Tesla’s stock sank over $15 on Thursday following its earnings report. Jim Cramer, who is known for being bombastic and borderline ridiculous, dropped another bomb when he said that you have to be on drugs to understand Tesla and its high-flown forecasts.
But perhaps the reverse is true: Perhaps you must be on mind altering drugs to listen to Jim Cramer.
Well-educated, high profile CEOs sometimes become synonymous with their companies.
Steve Jobs and Apple, Mark Zuckerberg and Facebook, and Jeff Bezos and Amazon. It’s hard to separate the man from the operation.
However, investing in a company simply based on its leadership might not be the best strategy, according to Warren Buffett.
Since President Donald Trump took office in January, Chicago area restaurants like Birrieria Zaragoza, La Chaparrita #1, L’Patron and countless others — restaurants that are daily destinations for a diverse community — have faced concerns because of the new administration’s stance on immigration issues, including the promises of a Mexico border wall and the executive order to cut off funding to so-called sanctuary cities. Here’s what they are saying:
Unilever is making a play in the meal kit market. Unilever Ventures, the company’s venture capital and private equity arm, along with Baseline Ventures and Founders Circle Capital, led a $9.2 million Series C-2 funding round for Sun Basket, an organic meal kit delivery service.
Juan Carlos Enriquez was born and raised in Miami, the son of Cuban immigrants. He worked for paint giant Sherwin-Williams for two decades and then decided to go into business with his brothers. Nine years ago, they launched The Paint Spot, which now has three locations in the Miami area.
In the fall of 2013, the small business got a big job. A subcontractor on the $200 million remodeling of the Trump National Doral golf resort ordered $142,000 worth of paint from Enriquez.
The paint was delivered and used, court records show. Trump Endeavor, the company that operates the resort, paid the early installments of the bill, but after the subcontractor walked off the job, Enriquez never got a final payment of about $32,000.
It went beyond the deadline but the Writers Guild of America and the Alliance of Motion Picture and Television Producers came to terms on a new contract early Tuesday, defusing the threat of a strike crippling the film and television industry.
Hawaiian Airline has updated its brand identity and unveiled a new aircraft livery, the first of its fleet of more than 50 aircraft that will feature the new design.
The new identity retains Hawaiian’s color palette of purple, fuchsia and coral, while Pualani, who has been featured on the tail of the aircrafts for more than four decades, remains at its core.
The U.S. steel industry, a mainstay of the economy for more than 100 years, has been shrinking. Because of foreign imports, technology, and an overall surplus of steel throughout the world, the U.S. steel industry has struggled in recent years to keep jobs and production at steady levels.
Shares in these companies may be at bargain prices right now, with great growth potential.
While most successful businessmen and entrepreneurs guard their secrets to success, Justin Jones and Greg Gamet literally give it away. The partners are two of the most highly regarded experts in the legal cannabis industry, and now make a living sharing their secrets of success.
Almost every week we hear about pipeline accidents that endanger people, property and the environment. Yet, there are readily available systems that can significantly reduce the number of pipeline accidents, by improving oversight that identifies potential problem areas.
AyaWorks is one company that provides a suite of services designed to help utility companies improve safety, increase compliance to state and federal regulations, and reduce both incidents and paperwork associated with documenting on-going field inspections. So why aren’t more utility companies using this service?
Barbie sales fell 13% in the first quarter, adding to a much worse than expected slump for Mattel, the world’s largest toy company.
It was the second consecutive quarter of falling sales for the doll, which has been a key part of the firm’s product range for almost six decades.
Fox News is in a jam this week as another former Fox News contributor claimed she too was retaliated against by Fox News after she complained about a work environment she likened to a “sex-fueled, Playboy Mansion-like cult.”
Eric Trump, the rich-kid son of our current president, has been telling people that it will be hard to make a living now that daddy is president.
While the Trump Organization’s revenue and income are expected to continue to rise during Mr. Trump’s term in office, it will likely be at a slower rate, Eric Trump said, because of efforts to separate the Trump presidency from the family businesses. “We would be doing 30 deals across the globe” were his father not the president, Eric Trump said in an interview.
Actually, Trump owes the German bank over $1 billion, if you add up the various entities. Trump currently has two loans and two mortgages with Deutsche Bank and owes it about $340m (£270m).
The bank has also extended another $950m to a venture in which Trump owns a 30% stake, the Wall Street Journal reported in January. The debts of President Donald Trump and his businesses are scattered across Wall Street banks, mutual funds and other financial institutions, broadening the tangle of conflicts of interest.
Increasing inequality means wealthy Americans can now expect to live up to 15 years longer than their poor counterparts, reports in the British medical journal the Lancet have found.
Researchers said these disparities appear to be worsened by the American health system itself, which relies on for-profit insurance companies, and is the most expensive in the world.
Their conclusion? Treat healthcare as a human right.
As with other online retailers, the standard way of paying for items on Amazon is via credit or debit card number, that most of us have saved. But Amazon thinks it can do better. The global e-commerce leader recently announced the launch of its new Amazon Cash service, which will allow you to add cash to your Amazon account balance.
Westinghouse Electric Company, which helped drive the development of nuclear energy and the electric grid itself, filed for bankruptcy protection on Wednesday, casting a shadow over the global nuclear industry.
In an appalling move to keep low-wage workers locked in poverty, the Iowa legislature this week gave final approval to a bill that reverses local minimum wage increases already approved in several counties and bans cities and counties from setting any wage and benefit standards. It is the first time that a state has nullified local minimum wage ordinances that had already taken effect and forced jurisdictions to lower minimum wage rates that had previously been raised.
Lots of people in the healthcare field heaved a sigh of relief last week when President Trump nominated Scott Gottlieb, a physician, venture investor and former official of the Food and Drug Administration, to be the FDA’s next commissioner. It comes as no surprise that Big Pharma is very, very happy.
Immigrants have long been an integral part of the U.S. workforce. And while there isn’t any one industry where immigrants make up the majority of workers, there are some jobs where foreign born workers dominate, a new report from Pew Research finds.
Senator James Inhofe, Republican of Oklahoma, claimed that the Environmental Protection Agency is releasing “propaganda” that is “brainwashing our kids,” during a CNN interview on Thursday.
“We want to deliver the services. We ought to make things clean,” Inhofe said. “But we ought to take all this stuff that comes out of the EPA that’s brainwashing our kids, that is propaganda, things that aren’t true, allegations.”
U.S. computer chip and processor giant Intel will acquire the Israeli smart car tech firm Mobileye in a deal valued at $15.3 billion.
Supplying such automotive giants as General Motors and Volkswagen AG, Mobileye is one of the key producers of the onboard vision systems that anchor current advanced driver assistance systems — as well as tomorrow’s autonomous vehicle technology. The acquisition will help position Intel as a major player in the development of smart and driverless car systems.
As the estimates continue to mount, predicting how many people will lose their insurance with the repeal of the Patient Protection and Affordable Care Act (Obamacare), it starts to become clear: The Republicans must simply hate average Americans.
Illinois just can’t catch a break. The state is home to 67 of the 1,000 biggest companies in the U.S. by revenue—fourth most among states. They include Boeing, Abbott Labs, Caterpillar and Kraft Foods. However, the net migration rate out of Illinois over the last five years is the worst in the U.S.
The state’s finances are also in shambles: in June 2016, Moody’s downgraded Illinois’ credit rating to Baa2—lowest in the country among the states—and maintained its negative outlook. Moody’s cited the state’s “continuing budget imbalance due to political gridlock.” It was the fourth downgrade since 2012.
Wall Street visitors and tourists will notice a new addition if they’re walking down Broadway in New York this week. About 20 feet across from the famous Charging Bull statue — a symbol of Wall Street’s strength and might that has loomed over the street since 1989 — a bronze statue of a girl stands facing it, hands on hip, a defiant expression carved into her face.
GM’s just-announced deal to sell its long-struggling Opel/Vauxhall subsidiary for $2.5 billion may end the company’s long history in Europe — it acquired Opel in 1929 — but it doesn’t completely end the massive losses for GM, which is expected to take a $4 billion to $4.5 billion hit once the deal closes later this year.
Uber is dismantling a secret weapon it used against local regulators who have been trying to curtail or shut down its ride-hailing service in some cities around the world.
But the bigger news is that Uber had this weapon at all. It positions the company as a secretive, win-at-all-costs, non-transparent organization. Just what you want in a company trying to gain your trust.
In the modern era of Google searches, social media, video marketing, streaming content and digital presentations, the necessity of yearly trade shows has gone the way of the dinosaurs. If you are a business owner who is prepping for a pilgrimage to an upcoming trade shows, here are four things to consider before packing your bags:
Hundreds of former employees of Sterling Jewelers, the multibillion-dollar conglomerate behind Jared the Galleria of Jewelry and Kay Jewelers, claim that its chief executive and other company leaders presided over a corporate culture that fostered rampant sexual harassment and discrimination, according to arbitration documents obtained by The Washington Post.
J.C. Penney announced that it will close 130 to 140 stores. That represents about 13% to 14% of their total stores. It is a big step for a company that had to pledge inventories to secure a loan a couple of years ago.
It is vital to close unproductive stores, and essential for this company to regain sales and earnings momentum. The recent satisfactory earnings results must have convinced management that it was the right time, financially and strategically, to close some stores.
AyaWorks is a provider of innovative pipeline compliance management solutions and services for oil and gas and utility companies that can help companies avoid fines and penalties, like the one just imposed on PG&E.
A federal judge sentenced PG&E for crimes linked to the deadly San Bruno pipeline explosion, imposing the maximum fine of $3 million and branding the utility as a convicted felon. The judge also ordered PG&E to submit to court-ordered supervision of its natural gas operations.
Apple doesn’t want to see it scrapped. Neither does Intel or Tiffany & Co.
But the U.S. conflict minerals law — which requires American public companies to avoid using minerals that fund war and human rights abuses in the Congo region — is widely seen today as facing its most serious threat since its passage in 2010.
You may be too young to remember the milkman, but apparently it was a real thing for many years. Through the mid-20th century the great majority of U.S. households received their milk delivered to their doors daily and the milkman was as familiar a sight in the neighborhood as the postman. Of course, as supermarkets and grocery stores proliferated, the milkman has all but been put out to pasture.
But not in New York City.
The big airlines have jumped into the “basic economy” market, competing with the super-cheap airlines that cater to the most frugal passengers.
Within hours of each other, American and United announced that they had begun selling basic economy fares that push down the price of a ticket. The lower price can come with caveats, however, including having to pay extra for space in the overhead bin, boarding last and not having the option to pre-select seats when booking the tickets.
The Super Bowl delivers advertisers a stunningly large audience watching live along with the added value of the rating, analysis, and dissection of each ad before as well as after the game.
Last year’s game, when the Denver Broncos beat the Carolina Panthers, drew 111.9 million viewers, according to Nielsen. That’s down a small amount from the previous year, but it’s good enough to be No. 2 of all time.
The biggest trends in retail, like rainstorms, can be fairly easy to predict. You look at the current conditions on the radar screen, consider their proximity and can pretty much nail where and when the rain will fall.
There’s a lot you can learn from Johnny Depp’s legal spat with the firm that managed his money.
Boeing shares reached an all-time high as the 787 Dreamliner emerged from a decade of losses to help the company post rising profit and weather a turbulent market for wide-body jetliners.
Having great company culture is no longer just an option. Today’s workers consider it as much as they consider salary and benefits. In fact, fantastic company culture is almost expected along with other traditional benefits.
While the culture that works for one company might not work for another, you can learn a lot from companies who are doing it right, and get started on company culture hacks of your own.
President Trump told leaders of the country’s largest automakers Tuesday that he will curtail “unnecessary” environmental regulations and make it easier to build plants in the United States, changes that he expects will shore up the manufacturing jobs he repeatedly promised to voters on the campaign trail.
Johnson and Johnson Chief Executive Officer Alex Gorsky, the head of world’s largest health-care company, called for keeping some provisions of Obamacare intact as President Donald Trump and Republicans move to repeal the law.
Gorsky, who was among a dozen top business leaders who met with Trump Monday on his first full working day as president, said Tuesday he will advocate to keep coverage of pre-existing conditions and people staying on their parents’ insurance until they are 26, as well as a competitive individual insurance market.
Trishul Vaghani, CEO at Bluestar Mortgage, Inc, writes about current practices in the mortgage lending:
I joined the mortgage industry in late 2009 during the aftermath of the financial crisis. At a time when banks were permanently closing their doors and Loan Officers were giving up their licenses, I decided to walk toward the storm, the financial storm.
A new company formed by entrepreneurs from Stanford University, the University of Pennsylvania, and the United States Air Force Academy, is serving the energy needs of the indoor cultivation sector of the legal cannabis industry.
The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money.
Buyers from all over the world flock to Gitman Bros. to get a piece of timeless American style: oxford shirts, plaids and rep ties often cut slightly slimmer to appeal to the trendy and urbane.
But when the company’s president, Chris Olberding, attended the venerable menswear trade show Pitti Uomo in Italy this month, the brand’s “Made in USA” label was an unexpected liability.
It just got more expensive to share a resort with the president.
The Trump Organization’s premiere Florida property, The Mar-a-Lago Club in Palm Beach, has doubled its initiation fee for new members to $200,000, according to CNBC sources.
Elon Musk hasn’t given up on his vision to add a digital layer of intelligence to our brain.
The Tesla and SpaceX CEO teased that he may have an announcement about “neural lace,” a concept he first brought up at Vox Media’s Code Conference in June.
Simply managing the status quo is no longer acceptable.
People who play defense and avoid offense are “leader-caretakers.” True leaders constantly must position themselves to boldly guide their organizations into the headwinds of change, despite the tumultuous forces swirling around them in this global age of disruption.
Ford Motor Company has finally revealed some of the performance specs for its new GT supercar.
The twin-turbocharged 3.5-liter V-6 fitted to the car makes 647 horsepower at 6,250 rpm and 550 pound-feet of torque at 5,900 rpm, with 90 percent of that torque figure coming up at 3,500 rpm.
Entrepreneur Cindy Gallop is hellbent on bringing “sextech” out of the fringes.
For her, that means getting people comfortable talking about sex … by sharing videos of themselves having it. Gallop, a former advertising executive based in New York City, calls that social sex.
America and Canada dropped their first hints that they could strike a new trade deal without Mexico. And Mexico suggested that it’s not interested in any deal that puts it at a disadvantage.
President Trump’s press secretary, Sean Spicer, emphasized Trump will seek out “bilateral” trade agreements — meaning just between two countries.
‘Employee engagement’ and ‘France’ go together about as well as a glass of 1986 Château Margaux and a KFC bargain bucket. This is the land of the 35-hour week and the out-of-hours email ban, of rampant strikes and kidnapped bosses. Of course the French don’t like work.
Let’s face it, viewing artificial intelligence (AI) simply as a labor-replacement or cost-saving mechanism is boring and uninspired. Let’s start talking about a more expansive view that looks at AI as a catalyst for new ways to build markets and drive new forms of innovation.
Chris Lehane rarely wears the tailored Italian suits that he was known for during his days as a high-profile Washington operative. Now he favors the Silicon Valley uniform of jeans and Patagonia vests. He no longer plants political attacks in the news media the way he did in the Clinton White House or for Al Gore’s presidential campaign. Instead, he opts for TV spots that feature happy middle-class families promoting Airbnb, the home-sharing company where he is head of policy.
The Chargers’ decision to join the Rams at a splashy new stadium in Inglewood has at least one builder even more pumped up about the city’s prospects.
The promise of pro football in Inglewood, still three years away, has already given a lift to real estate developer Sandy Sigal, who is spending $15 million to renovate a 1960s-era shopping center there.
Job stress can affect your health, relationships and career, and when it becomes so extreme that it pushes you to the edge, it’s known as burnout. Burnout has been associated with debilitating physical and mental health conditions, such as coronary artery disease, hypertension, feelings of alienation, depression, anxiety, and an increase in alcohol and drug use. Three symptoms of burnout are:
Lyft is rapidly expanding the number of US cities in which it operates. The ride-hailing company plans to […]
Robert Kennedy, brother of former President John F. Kennedy, was known as a problem solver and charismatic leader. He often entered a meeting with just two questions. They are at the center of leadership and problem solving, and should be incorporated into every executive’s, manager’s and supervisor’s daily mindset.
A lawsuit filed in federal court alleges that the owners of several Star Ocean and Sun Foods grocery stores located throughout the Minneapolis and St. Paul area, regularly hired undocumented workers and mistreated them in ways that Department of Labor officials compared to slavery.
As entrepreneurs, we have to do unpleasant things. We have disagreements with clients over invoices. We have to let go of under-performing employees. We are placed in situations that encourage us to treat competitors as adversaries. And in those unpleasant situations, we are constantly being judged by how we respond.
We work hard to build businesses that benefit our employees and make the world a better place, so it’s hard to believe we’re the ones everyone is talking about at the water cooler. But, sometimes entrepreneurs do turn into jerks. So the next time you look in the mirror, do a quick self-assessment and ask yourself these 10 questions. You might be surprised.
What comes to mind when you think of the term “middle manager?” Is it someone who has little power, spends a lot of time micro-managing people and whose career is in a rut?
We wouldn’t blame you for thinking that. In popular culture, middle managers get a bad rap. From “Office Space” to “The Office,” the middle manager is often hapless, mocked by his employees and bullied by executives.
AR Systems, a technology company known for developing world-class automated retailing solutions, announced that it is utilizing its core expertise in system design, engineering, automation, back-end management and technology integration, to open opportunities in new vertical markets.
Enforcing dress codes and conduct rules? Make sure men and women who violate the same rules receive the same punishment. Employers rarely lose sex discrimination lawsuits if they can show that everyone who broke the same rule received the same punishment.